East China Material Market of Ningbo listed in top 100 markets

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Category: Governmental News

Published: Monday, 28 November 2011 14:21

In the list of top 100 markets in China lately released by Chinese Academy of Social Sciences and China Commodity Market Summit, East China Material Market of Ningbo ranks No. 3 in the sector of automobile and producer goods market.

The business scope of East China Material Market of Ningbo covers metallic materials, chemical plastics, construction and decoration materials, second-hand goods, idle equipments, electrical and mechanical equipments, automobile trade, motor repairs, tourism, shipping and steel structure production, etc. The volume of business has been over 8 billion yuan for some consecutive years, with its annual tax exceeding 100 million yuan.

The market, established in 1997, consists of a group of specialized markets, such as Ningbo Idle Equipments Market, Ningbo Zhongxing Automobile Repairing Market and Yaojiang Market. Being the key commodity market in Ningbo and the star-class civilized market in Zhejiang Province, the market carries on its business within the province, in East China and even all over the whole country